Asia, India, China, Middle East, Trade/Markets/Prices

India: Windfall for Punjab

It’s a happy time for the potato farmers of Punjab, with their crop hitting the highest rate ever known due to low production in other states because of a delayed monsoon last year.

Farmers are currently getting Rs 1,600 per quintal for their table crop, which is currently being harvested. For the past four years, they had been getting Rs 300 to Rs 400 per quintal. Traders and stockists of other states like Madhya Pradesh and Gujarat are hoping to get higher prices after purchasing the crop from Punjab.

Before this, the highest rate for their potato crop was recorded in 2013-14, when it was Rs 1,200-1,300 per quintal.

Editor & Publisher: Lukie Pieterse

 

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